A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (17,400 units): Direct materials $173,600 Direct labor 230,100 Variable factory overhead 265,600 Fixed factory overhead 102,800 $772,100 Operating expenses: Variable operating expenses $125,900 Fixed operating expenses 42,900 168,800 If 1,600 units remain unsold at the end of the month, the amount of inventory that would be reported on the absorption costing balance sheet is Oa. $73,122 Ob. $61,545 Oc. $70,992 Od. $86,520